Post
Topic
Board Gambling discussion
Re: FreeBitcoin Bot - What do you think about this tool??
by
FreebitcoinerPlus
on 30/12/2020, 20:41:04 UTC
The bot can be cinfigured to match to your betting behavior. But it would be way better if this bot also learns. With each win and lost, the bot gains knowledge of the game and would improve on its strategies little by little to give you the best possible odds at winning. That would make the bot more worthy and valuable to get and upkeep, plus it would definitely revolutionize the betting industry.
Ain't the bot just working alone, it was the trader who does the command and the bots just followed. This stool is useless if the trader itself isn't good also in trading. Most gamblers overly thinking that the bot could help them, yeah, of course, it helps as it continues to make a trade (buy and sell) as you already send the command. But looking at the results, you'll be surprised how far when you are doing it manually, that seems not profitable at all.

There is no wrong using Bot in trading but we should not always rely on it. If we need to learn more about trading, better have it manually. More experience, more learnings.
Exactly, that's why it is imperative that this bot learns too. It can never rely on the information coming from its owner alone, as they will go nowhere in that scenario.

One feature that is implemented in this bot is the concept of "bet history". The bot saves all previous numbers (of each bet) and calculates the average. Then, it can automatically bet HI or LO based on this history (numbers average).

The numbers average tends to 5000. Like when you throw a coin many times... you will probably get half heads and half tails. In this dice game you will probably get half numbers over 5000 and half numbers below 5000. So, if the average is over 5000 the bot will bet LO (we will expect numbers average to tend to 5000), and if the average is below 5000 the bot will bet HI.

You can see how this algorithm work in this video: https://lbry.tv/@freebitcoinerplus:d/bet-smart-in-freebitcoin:a